Mexico’s SCT will invest US$28.52 billion in road infrastructure to 2018

Mexico's Secretariat of Communications and Transportation (SCT) aims to invest US$28.52 billion (MXN 380 billion) in road infrastructure projects to 2018. Among the forecast plans are projects to widen highways to accommodate four lanes, as roads of this size currently correspond to just 39% of the country's roads. At the third edition of the Mexico Infrastructure Summit, the SCT also highlighted its 25,000km road network plan to be implemented until 2030. The project focuses on 15 main roads connecting 33
February 14, 2014 Read time: 1 min
Mexico's Secretariat of Communications and Transportation (3067 SCT) aims to invest US$28.52 billion (MXN 380 billion) in road infrastructure projects to 2018. Among the forecast plans are projects to widen highways to accommodate four lanes, as roads of this size currently correspond to just 39% of the country's roads. At the third edition of the Mexico Infrastructure Summit, the SCT also highlighted its 25,000km road network plan to be implemented until 2030. The project focuses on 15 main roads connecting 33 ports that handle 99% of the TEU cargo containers in the country.
Road Structures

For more information on companies in this article

SCT

Related Content

  • New Central Ring Road around Moscow to be built by 2018
    September 30, 2013
    Eugene Gerden evaluates Moscow’s new ring road mega project The Russian government plans to complete implementation of one of the most ambitious projects in the country’s road building industry in recent years, which involves construction of The Central Ring Road around Moscow by 2018. The new road should be built by the next presidential elections, while its length will be 339km. It is expected to be comprised of five sections and will be located 50km away from Moscow Ring Road, a ring road encircling the
    Read More
  • Europe-Asia road link
    February 9, 2017
    The governments of China, Kazakhstan, Belarus and Russia have finally approved a project for the building of a new transcontinental road, which will connect Asia and Europe. The new route is much-needed and will speed the transportation of cargo between the two continents, according to Maxim Sokolov, Russia’s Minister of Transport. The idea for the building of the road was first proposed by the European Commission around 2005. It was prompted by the ever growing volume of trade between the EU and Chin
    Read More
  • Mexico is cutting its transportation budget
    February 23, 2016
    The Mexican Secretariat of Communications and Transport (SCT) says that the US$6.98 billion budget cut made by the Federal Government will impact on infrastructure projects. According to the SCT, the completion of 20 road initiatives will be delayed while the body will also downsize its workforce. In a bid to redress the balance, the SCT will seek public-private partnerships (PPPs) to continue with certain infrastructure projects.
    Read More
  • Ecuador’s president Correa announces Strategic Mobility Plan
    November 15, 2016
    President of Ecuador, Rafael Correa, announced that the national government will implement the Strategic Mobility Plan until 2030, which will require public and private investments of USD 38bn (EUR 33.83bn). The Minister of Transport and Public Works, Boris Cordova, further added that the primary objective of the initiative will be to expand some of the national routes and to convert them into motorways, in order to accommodate the mounting logistical needs of the growing national economy. With the projects
    Read More

Highlighted Content